Property Description
Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free.
Details
| List Price: | $579,000 |
|---|---|
| Unit: | # 1706 |
| Address: | 398 5th St #1706 Miami FL 33132 |
| Bedrooms: | 1 |
| Bathrooms: | 1 |
| Living Area (f2): | 443 |
| Living Area (M2): | 41 |
| Year Built: | 2022 |
| Waterfront: | n/a |
|---|---|
| Taxes: | $10,914 (2024) |
| Association Fee: | $494 (Monthly) |
| Complex: | The Elser |
| Days On Market: | 137 days |
| Pets Allowed: | Yes: Restrictions Or Possible Restrictions |
| Parking Spaces: | 1 |
| Parking Features: | 1 Space Covered Valet |
Property Amenities
Building Amenities
- Clubhouse-Clubroom
- Community Room
- Exercise Room
- Exterior Lighting
- Heated Pool
- Spa/Hot Tub
Appliances
- Dishwasher
- Dryer
- Microwave
- Electric Range
- Refrigerator
- Washer
Interior Features
- Elevator
Security Features
- Lobby Secured
